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New Financial Instrument Listing Announcement - “SBC260”.
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "SBC260".
Stock Code: SBC260
ISIN Code: ZAG000223926
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC260 Senior Unsecured Floating Rate
Credit Linked Notes due 20 December 2035 - sponsored by The
Standard Bank of South Africa Limited, under its Structured Note
Programme.
Authorised Programme size ZAR150,000,000,000.
Total notes issued ZAR124,524,827,532.31.
(including current issue)
Full Note details are as
follows:
Issue Date: 24 March 2026.
Nominal Issued: ZAR500,000,000.
Coupon Rate: In respect of each Interest
Period from, and including:(i)
the Issue Date up to, but
excluding, 20 December 2030:
three-month ZAR-JIBAR-SAFEX
plus 5.00%;(ii) 20 December
2030 up to, but excluding the
Maturity Date: 17.63% minus
three-month ZAR-JIBAR- SAFEX.
Coupon Indicator: Floating Rate
Interest Determination Dates: Each 20 March, 20 June, 20
September and 20 December of
each year, commencing on the
Issue Date until (but
excluding) the Maturity Date.
Trade Type: Price.
Issue Price: 100%.
Maturity Date: 20 December 2035.
Interest Commencement Date: Issue Date.
First Interest Payment Date: 20 June 2026.
Interest Payment Dates: Each 20 March, 20 June, 20
September and 20 December of
each year until the Maturity
Date, with the first Interest
Payment Date being 20 June 2026
or, if such day is not a
Business Day, the Business Day
on which the interest will be
paid, as determined in
accordance with the applicable
Business Day Convention (as
specified in this Applicable
Pricing Supplement).
Business Day Count/Convention: Actual/365(Fixed)and Following
Business Day.
Books Close: The Books Closed Period (during
which the Register will be
closed) will be from each 15
March, 15 June, 15 September
and 15 December, until the
applicable Interest Payment
Date.
Last day to register: 17h00 on 14 March, 14 June, 14
September and 14 December of
each year, or if such day is
not a Business Day, the
Business Day before each Books
Closed Period until the
Maturity Date.
Placement Agent: The Standard Bank of South
Africa Limited.
Debt Security subject to
guarantee; security or credit
enhancement: Not Applicable.
Additional Terms and Conditions: Investors should study the
Pricing Supplement for full details of the specific terms and
conditions applicable to this specific issuance.
Notes will be deposited in the Central Depository ("CSD") and
settlement will take place electronically in terms of JSE Rules.
Dated: 23 March 2026
Sponsor – The Standard Bank of South Africa Limited
For further information on the Notes issued please contact:
Johann Erasmus SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za
Date: 23-03-2026 11:05:00
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